Cyril Amarchand Mangaldas Advised Goldman Sachs (India) Securities Private Limited

Cyril Amarchand Mangaldas Advised Goldman Sachs (India) Securities Private Limited on Sale of Stake in Aditya Birla Lifestyle Brands Limited

The leading law firm in India, Cyril Amarchand Mangaldas, advised Goldman Sachs (India) Securities Private Limited (the "Placement Agent"), which acted as the placement agent for the sale of 73,170,731 equity shares of Aditya Birla Lifestyle Brands Limited (the "Company") by Flipkart Investments Private Limited (the "Seller"). The transaction comprised the sale of a 5.94% stake by the Seller in the Company through the screen-based trading platforms of BSE Limited and National Stock Exchange of India Limited for a reported aggregate amount of INR 951.21 crores.

The Cyril Amarchand Mangaldas transaction team was led by Manshoor Nazki (Partner, Regional Co-Head - Capital Markets - South), with assistance from Mansi Jhaveri (Principal Associate) and Vishesh Jain (Associate).

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